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November Home Prices Saw Largest Annual Increase Since March 2014

U.S. home prices increased 1.1% in November compared with October and were up 8.2% compared with November 2019, according to CoreLogic’s home price index...

Pending Home Sales Dipped in November But Remain Up Year-Over-Year

Pending home sales fell 2.6% in November compared with October to a score of 125.7 on the National Association of Realtors’ (NAR) Pending Home...

Home Prices Up 1.7 Percent in October as Pandemic Continued to Fuel Demand

U.S. home prices increased 1.7% on an adjusted basis in October compared with September, as demand increased and supply of available homes continued to...

New Home Sales Dropped in November Due Mainly to Lack of Supply

New home sales were at an adjusted annual rate of of 841,000 in November, down 11.0% compared with October but up 20.8% compared with...

Existing-Home Sales Dipped 2.5% in November

After increasing for five straight months, existing-home sales fell in November, dropping 2.5% compared with October to a seasonally adjusted annual rate of 6.69...

First American Says Housing Market Fundamentals Will Spur a Strong 2021

First American’s Potential Home Sales Model for November 2020 shows that strong underlying fundamentals shaped the housing market’s remarkable 2020 comeback story and, with...

Zillow: You Ain’t Seen Nothing Yet

According to new analysis from Zillow, demand for housing will continue to grow and is expected to surge in the cities as economies reopen,...

Rising Prices Pushed Total U.S. Home Equity to Record Level in Q3

Due to rising home prices, the amount of equity U.S. homeowners had as of the third quarter increased by 10.8% year over year, reaching...

Housing Starts Increased in November; 2021 Could be ‘Year of the Home Builder’

Housing starts were at a seasonally adjusted annual rate of 1.547 million in November, an increase of 1.2% compared with October and up 12.8%...

For Now, Boosting Home Construction is Best Way to Address Inventory Shortage

The pandemic has resulted in unprecedented demand for single-family homes - in particular detached homes with amenities such as swimming pools, outdoor patios, fire...

Mortgage Rates Continue to Hit New Lows While Home Sales Have ‘Hit a Wall’

The average rate for a 30-year fixed-rate mortgage hit yet another record low this week, at 2.71% - the lowest ever recorded by Freddie...

Home Prices Continued to Rise in October, But There is Greater Disparity Among Metros

Due to heightened demand and ongoing supply constraints, U.S. home prices increased 1.1% in October compared with September and were up 7.3% compared with...

NAR: October Brought Slight Drop in Pending Home Sales Activity

According to the National Association of Realtors, pending home sales fell slightly in October, with contract activity mixed among the four major U.S. regions....

New Home Sales Up 41.5 Percent Year Over Year

New home sales were at a seasonally adjusted annual rate of 999,000 in October, down 0.3% compared with September but up 41.5% compared with...

Case-Shiller: Home Price Appreciation Continued to Accelerate in September

U.S. home prices increased 1.4% on an adjusted basis in September compared with August and were up 7.0% compared with September 2019, according to...

Applications For New Home Purchases Jumped 5 Percent in October

Applications for mortgages for new home purchases jumped 5% in October compared with September and were up 32.9% compared with a year ago, according...

Existing-Home Sales Increased For Fifth Consecutive Month in October

Existing-home sales in October were at a seasonally-adjusted annual rate of 6.85 million, an increase of 4.3% compared with September and up 26.6% compared...

Housing Starts Jumped in October as Inventory Continues to Dwindle

Housing starts were at a seasonally adjusted annual rate of 1.53 million in October, an increase of 4.9% compared with 1.46 million in September...

First American: Housing Market Mustered a ‘Historic Rebound’ This Fall

Existing-home sales for October are anticipated to come in at a seasonally adjusted annualized rate of 5.98 million, up nearly 21% compared with April,...

Unemployment Rate Fell to 6.9 Percent in October

The U.S. economy added about 638,000 jobs in October and the unemployment rate dropped to 6.9%, according to the U.S. Bureau of Labor Statistics. Notable...

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